i would agree on how most are playing the pinks. i
Post# of 15187
Posted On: 09/06/2016 12:30:45 PM
i would agree on how most are playing the pinks. i have a different strategy and tend to unload larger positions if there is an "irrational" run. on a systematic stair step climb which we seem to be in now - i hold. granted - this is only for a company that i believe is legitimate (real products, sound mgmt, etc) AND has a legitimate shot at growing without toxic debt/unfavorable financing.
"I've been accumulating since May 2015 and have built a nice position with a few flips and re-buys along the way. My most recent buys were .0013 pps. Presently I have 2 million shares on the ask aon. Since we have some time before any news on the KBM suit, I fully expect there will be another dip that will allow me to re-buy shares. This is just a tactic to further build my position. If no dip occurs, I've made a little on this sell and still have a substantial position to ride the coming wave. This risk/reward scenario is exactly what I look for when playing the pinks. I suspect I am not the only one."
however, i think investors on the fence will find themselves with considerably less time than they considered wrt to KBM suit being resolved. as more dealers are signed, the brand continues to be promoted by more and more dealers in public events such as the festival over the weekend, and the product becomes more available and visible, the KBM outcome will continue to have less and less effect on the investment. eventually - buyers will come in wanting to get "a jump" on those that are waiting. that is the fundamental principle behind supply and demand. i think we are on the geometric stage of that increase now and it will eventually go exponential as demand overwhelms supply. as a long term investor - one wants to see a fundamentally higher base but once they go parabolic - it is very, very rare that they do not attract the short term traders and pump up the irrational exuberance(which is where i would be inclined to sell a large chunk with the full expectations of quickly buying it back after the crash).
as a funny rebuttal to never seeing the BID that large at 8MM - i was around when the BID was routinely in the HUNDREDS of millions...
"I've been accumulating since May 2015 and have built a nice position with a few flips and re-buys along the way. My most recent buys were .0013 pps. Presently I have 2 million shares on the ask aon. Since we have some time before any news on the KBM suit, I fully expect there will be another dip that will allow me to re-buy shares. This is just a tactic to further build my position. If no dip occurs, I've made a little on this sell and still have a substantial position to ride the coming wave. This risk/reward scenario is exactly what I look for when playing the pinks. I suspect I am not the only one."
however, i think investors on the fence will find themselves with considerably less time than they considered wrt to KBM suit being resolved. as more dealers are signed, the brand continues to be promoted by more and more dealers in public events such as the festival over the weekend, and the product becomes more available and visible, the KBM outcome will continue to have less and less effect on the investment. eventually - buyers will come in wanting to get "a jump" on those that are waiting. that is the fundamental principle behind supply and demand. i think we are on the geometric stage of that increase now and it will eventually go exponential as demand overwhelms supply. as a long term investor - one wants to see a fundamentally higher base but once they go parabolic - it is very, very rare that they do not attract the short term traders and pump up the irrational exuberance(which is where i would be inclined to sell a large chunk with the full expectations of quickly buying it back after the crash).
as a funny rebuttal to never seeing the BID that large at 8MM - i was around when the BID was routinely in the HUNDREDS of millions...
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